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Equitable Life

I am grateful to my right hon. Friend for giving way again. I, unlike many colleagues, was convinced of the correctness of the Government’s ex gratia scheme approach, rather than of an approach that seemed to be a lengthy way of resolving the issue. However, I am concerned about the time scale—and even more now. We are told that the proposals for the scheme will be in place by 2010. Allowing for the natural delay to such schemes, anyway, we are probably talking about proposals coming forward next summer and there will be months of debate after that. By the time any money starts being paid out, we will probably be well into 2011, or beyond. That is unacceptable, so may I ask the Chief Secretary to—